Job Market Monitor
Higher Education
Grads in Canada – Management sciences and quantitative methods graduates highest earners among bachelor’s degree holders
On average, 25- to 54-year-old male bachelor’s degree graduates who worked full year, full time, in 2010, earned $87,543 in 2010 dollars (Chart 1). Among them, management sciences and quantitative methods graduates earned the most—$130,547, or $43,004 more than the average male bachelor’s degree graduate (after adjusting for age). These graduates were followed closely by … Continue reading
Skills Gap – Is this a reason to question the increasingly vocational nature of university courses?
Professional and vocational courses requiring 5 years’ post-secondary study are supposed to meet speci c needs for competences in a given area of employment. Young graduates believe they have acquired the speci c competences they think their employers require. In their view, the shortfall lies in their general competences. Is this a reason to question … Continue reading
US – Wages are lower for BA holders raised on low incomes
The proportional increase for those who grew up poor is much less than for those who did not. College graduates from families with an income below 185 percent of the federal poverty level (the eligibility threshold for the federal assisted lunch program) earn 91 percent more over their careers than high school graduates from the … Continue reading
Skills Gap in US – An employer-driven talent supplier recognition and certification system is needed US Chamber of Commerce says
There is no time to waste. The skills gap continues to worsen while government policies to improve employer responsiveness through accreditation reform continue to fall short. More employers and business and industry associations now see the need and opportunity to explore an employer-led solution during a time of growing debate on the role of government … Continue reading
College-Educated Immigrants in US – Has grown at more than twice the rate of U.S. born
The number of immigrants with higher education has grown at more than twice the rate of the same population among the U.S. born. Between 1990 and 2000, the college-educated immigrant population increased 89 percent from 3.1 million to 5.9 million, and a further 78 percent between 2000 and 2014 (from 5.9 million to 10.5 million, … Continue reading
The Skills Gap, Higher Education and the Workplace Readiness – The broken link
96% of Chief Academic Officers rate their institution as very / somewhat effective at preparing students for the world of work. 14% of Americans strongly agree that college graduates in this country are well-prepared for success in the workplace. 11% of business leaders strongly agree that graduating students have the skills ans competencies their business … Continue reading
US – Declines in completion rates across ages and enrollment intensities
The official end of the Great Recession is considered to be June 2009 (National Bureau of Economic Research, 2010). However, its effects on employment, wages, and family finances have lingered, impacting students and their colleges and universities through 2009, and well beyond. This year’s completions report clearly shows the continuing effects of recession on the … Continue reading
College Graduates in US – Which skills employers are looking for
When hiring recent college graduates, employers say they place the greatest priority on a demonstrated proficiency in skills and knowledge that cut across majors. Written and oral communication skills, teamwork skills, ethical decision-making, critical thinking skills, and the ability to apply knowledge in real-world settings are the most highly valued among the 17 skills and … Continue reading
Talent – GPA’s are unimportant. Really? But you are not Google
How Google is driving hiring standards Let’s fast forward to today. Jobvite recently released their 2015 Recruiter Nation Survey. It’s always an interesting read, with great data and metrics, but one metric stood out, to me, above all others: “57 percent of organizations now report that GPAs are unimportant.” Do you see what just happened? … Continue reading
US – Graduates’ current work engagement linked to key college experiences
Decades of Gallup research have demonstrated that engaged employees are more productive, are less likely to be absent, have lower turnover, have fewer safety incidents and are more productive and profitable. And findings from the Gallup-Purdue Index — a study of more than 30,000 college graduates — reveal some surprising connections between the experiences students … Continue reading
US – Shrinking cities are gaining brains
If there’s one thing that’s a nearly universal anxiety among cities, it’s brain drain, or the loss of educated residents to other places. I’ve written about this many times over the years, critiquing the way it is normally conceived. Since brain drain seems to be a major concern in shrinking cities, I decided to take … Continue reading
Grads in Canada – Earnings increased for male in Engineering and for female Earnings increased for male postsecondary graduates in Engineering and for female in Health
In 2005, Canadian-born male and female bachelor’s degree holders aged 25 to 34 earned on average $65,400 and $46,500 (in 2012 dollars) in wages and salaries, respectively. This was more than $20,000 higher than the earnings received by their counterparts with only a high school diploma (Table 1 and Charts 1 and 2).Note 4 While … Continue reading
Grads in Canada – The impact of further studies
By field of study, the largest difference in the employment rate for university degree-holders who completed further studies compared with those who did not was 8.2 percentage points for those who first studied physical and life sciences and technologies (78.1% versus 69.9%). The second-largest difference was 6.7 percentage points for people who had a university degree in social and behavioural … Continue reading
Student Gap Year – Don’t travel, work and gain skills
If you missed out on a place at university and you’re taking a year out, use the time to gain valuable experience In fact, volunteers are welcomed by many schools; and for would-be teachers, volunteering is a wise choice. Universities like to see proof of commitment to a subject and self-discipline, says Dr Jennifer Wilby, … Continue reading
Grads in Taiwan – 66 resumes to land a job
For those recent graduates who have successfully landed a job, an average of 66 resumes had to be sent out before receiving an offer, according to a survey released on Monday by an online human resource agency. Among recent graduates, including those who have been discharged from mandatory military service this year, up to 60.6 … Continue reading
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